
Alhambra, California 91803
This Detached Duplex represents a Strong Value Opportunity, listed at $1,298,000—positioned above the $1,190,159 Fair Market Value. While priced at a premium, the property offers a Condition Rating of 3, featuring modern updates like quartz countertops and central HVAC. The 8,497 sqft corner lot provides significant upside through potential ADU conversion or expansion. Its prime location near Atlantic Times Square ensures high rental demand, making this an ideal asset for Buy-and-Hold Investors or Owner-Occupants seeking to offset mortgage costs through rental income.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 721 723 W Hellman Subject | $1,298,000* List Price | 4 | 3 | 2,128 | $559 | - |
A 1837 S 7th Sold | $1,431,880 | 6 | 3 | 2,491 | $575 | 0.2 mi |
B 1837 -1839 S 7th St Sold | $1,428,880 | 0 | 0 | 2,491 | $574 | 0.2 mi |
C 1836 S 3rd Sold | $1,230,000 | 6 | 4 | 2,773 | $444 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1963 but features significant mid-life updates including double-pane windows, individual central HVAC systems, and quartz countertops. The interiors are well-maintained and move-in ready with updated flooring and recessed lighting, though some cabinetry and appliances appear to be in the 10-15 year age range.
The property features two completely detached single-family homes with no shared walls and individual entrances, providing maximum privacy and an ideal setup for owner-occupants seeking rental income.
Situated just steps from Atlantic Times Square, residents enjoy immediate access to diverse dining, retail, AMC theaters, and fitness centers, significantly enhancing tenant appeal and lifestyle convenience.
The large 8,497 sqft corner lot offers substantial upside through potential ADU conversion of the garage or further expansion, allowing for increased density and long-term appreciation.
While gas and electricity are individually metered, the property relies on a single water meter, which complicates utility billing and management between the two separate units.
The front three-bedroom residence only provides 1.5 bathrooms, which may be a competitive disadvantage for larger families or high-end rental requirements in this price bracket.
Welcome to this beautiful duplex in Alhambra. This corner lot offers two detached single family house with its own individual entrance. Front house offers 3 beds 1.5 baths with an opened patio that you will love to entertain your family and friends. The back house offers a large 1 bed 1 bath with it own entrance and no shared walls. It is a perfect set up for someone that wants to occupy one of the unit and lease out the other unit for rental income. Both units offer double pane windows, individual central a/c, kitchen quart counter top, individual laundry hook up, large patio in the backyard to have family and friends over for gathering. Great location, conveniently across street from City of Monterey Park. Just a few steps to Atlantic Times Square with plenty of variety of restaurants, retails stores, AMC movie theater and 24 hours fitness. Marriott Hotel is at the south west corner of Atlantic Blvd and Hellman, mins to supermarkets, banks and public transportation. Close to Garfield Hospital and Mark Keppel High School. Easy access to 10 / 710 fwy. 2 electrical meters, 2 gas meters, 1 water meter. 2 car garage with extra large approach driveway for 3 to 4 cars off the street parking. Property is currently zoned as Residential Low Density, with the current existing two units, potential expansion or garage ADU conversion with the City of Alhambra. Please check with Alhambra City Planning Division for more clarification. Lastly, the property is 10 miles away from Downtown Los Angeles, Cal State Los Angeles, Los Angeles General Medical Center, University of Southern California Health and Science Campus, come and see for yourself.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.4 |
| Baths | 3.0 | 2.8 |
| Square foot | 2,128 | 2,082.417 |
| Lot Size | 8,497 | 8,052.917 |
| Price | $1.30M | $1.29M |
| Price per sq ft | $610 | $586 |
| Built year | 1963 | 1936 |
| HOA | $0 | $0 |
| Days on market | 28 | 55 |
Aug 12, 2026
$1,298,000
Initial Listing
Jan 30, 2019
$908,000
Public Record
Dec 19, 2012
$600,000
Public Record